Mosaic Company

NYSE:MOS   1:11:30 PM EDT
-0.83 (-1.52%)
Earnings Announcements

Mosaic Reports Q2 Adjusted Earnings Per Share $3.64

Published: 08/01/2022 21:47 GMT
Mosaic Company (MOS) - Q2 Earnings per Share $2.85 Including Items.
Q2 Adjusted Earnings per Share $3.64.
Q2 Revenue Rose 92 Percent to $5.4 Billion.
Board of Directors Approves a New $2.0 Billion Share Repurchase Authorization.
Q2 Earnings per Share View $4.04, Revenue View $5.63 Billion -- Refinitiv Ibes Data (analyst estimates).
Qtrly Net Sales in the Potash Segment Totaled $1.6 Billion.
Qtrly Net Sales in the Phosphate Segment Were $1.8 Billion.
Tight Grain and Oilseed Markets Are Expected to Persist Through the Remainder of 2022 and Into 2023.
Mosaic-war in Ukraine, High Temperatures in North America & Europe, and Drought Conditions in South America Highlight Risk for Reduced Yields Globally.
In Potash, the Shortfall in Supply From Belarus Will Only Be Partially Mitigated by Increased Production From Other Producers.
In Phosphates, China Export Restrictions Appear Likely to Be Extended Through the Remainder of the Year and Into 2023.
Revenue is expected to be $5.91 Billion
Adjusted EPS is expected to be $3.59

Next Quarter Revenue Guidance is expected to be $5.46 Billion
Next Quarter EPS Guidance is expected to be $3.80

More details on our Analysts Page.